LFC SOLD to NESV.

[El Pistolero]

Re: Club Refinance Thread

Has anyone ruled out if it someone buying gilletes half that this due dilligance is on. For all we know it could be one of Hicks buddies buying in and thats why he has been given refinancing himself. Then all he needs to do is sack the board and then he could freely place the debt on the club.

This is fucking doing my head in.

 

[Woland]

Re: Club Refinance Thread

[quote author=Judge Jules link=topic=41783.msg1188239#msg1188239 date=1286196348]
[quote author=peterhague link=topic=41783.msg1188204#msg1188204 date=1286194471]
i know this is a side issue right now, but can anyone actually properly confirm that TV rights are due to be sold individually in a few years? i'm highly sceptical of that, because not only is it absolutely massive news which shouldn't go under the radar, but it would also represent a serious departure from the whole ethos the premier league was established with.

i thought the big imminent tv deal people were referring to was mainly related to the expanded internet/mobile phone rights that can be expected next time along with the resultant revenue. going down the spanish route of non-collective agreements would be dangerous territory for the league, even if it'd probably be a relatively good thing for us as a club.
[/quote]

I'm sure I saw mention of this in an article a short while ago but haven't been able to track it down yet. Still looking though.
[/quote]

The majority of clubs will want to keep the status quo, whereas us and the mancs are expected to want to tell them where to stick it.

 

[Sunny]

Re: Club Refinance Thread

[quote author=Hansern link=topic=41783.msg1188245#msg1188245 date=1286196888]
The lad on YNWA who said that Due Dilligence is being done, is the lad who owns the site. If that gives it any more credibility.
[/quote]

Any quotes mate ?

 

[spider-Neil]

Re: Club Refinance Thread

[quote author=Redshrek link=topic=41783.msg1188249#msg1188249 date=1286197181]
Has anyone ruled out if it someone buying gilletes half that this due dilligance is on. For all we know it could be one of Hicks buddies buying in and thats why he has been given refinancing himself. Then all he needs to do is sack the board and then he could freely place the debt on the club.

This is fucking doing my head in.
[/quote]

RS can you post a full size pic of your avatar, please.
thanks in advance 🙂

 

[Hansern]

Re: Club Refinance Thread

[quote author=Sunny link=topic=41783.msg1188251#msg1188251 date=1286197236]
[quote author=Hansern link=topic=41783.msg1188245#msg1188245 date=1286196888]
The lad on YNWA who said that Due Dilligence is being done, is the lad who owns the site. If that gives it any more credibility.
[/quote]

Any quotes mate ?
[/quote]

I'll post more if there is an update.
This is all he has said so far;


Kev, on 03 October 2010 - 12:37 PM, said:

Due Dilligence underway by someone. Got told before.

I

 

[El Pistolero]

Re: Club Refinance Thread

[quote author=spider-neil link=topic=41783.msg1188253#msg1188253 date=1286197352]
[quote author=Redshrek link=topic=41783.msg1188249#msg1188249 date=1286197181]
Has anyone ruled out if it someone buying gilletes half that this due dilligance is on. For all we know it could be one of Hicks buddies buying in and thats why he has been given refinancing himself. Then all he needs to do is sack the board and then he could freely place the debt on the club.

This is fucking doing my head in.
[/quote]

RS can you post a full size pic of your avatar, please.
thanks in advance 🙂
[/quote]

 

[spider-Neil]

Re: Club Refinance Thread

[quote author=Redshrek link=topic=41783.msg1188255#msg1188255 date=1286197491]
[quote author=spider-neil link=topic=41783.msg1188253#msg1188253 date=1286197352]
[quote author=Redshrek link=topic=41783.msg1188249#msg1188249 date=1286197181]
Has anyone ruled out if it someone buying gilletes half that this due dilligance is on. For all we know it could be one of Hicks buddies buying in and thats why he has been given refinancing himself. Then all he needs to do is sack the board and then he could freely place the debt on the club.

This is fucking doing my head in.
[/quote]

RS can you post a full size pic of your avatar, please.
thanks in advance 🙂
[/quote]

[/quote]

ha ha that's brilliant

thanks ;D

 

[Judge Jules]

Re: Club Refinance Thread

[quote author=Redshrek link=topic=41783.msg1188249#msg1188249 date=1286197181]
Has anyone ruled out if it someone buying gilletes half that this due dilligance is on. For all we know it could be one of Hicks buddies buying in and thats why he has been given refinancing himself. Then all he needs to do is sack the board and then he could freely place the debt on the club.

This is fucking doing my head in.
[/quote]

That bolded bit doesn't follow. Hicks would have to convince any refinancing lender that he'd be good for the debt himself. It wouldn't matter a hoot if some pal of his had replaced Gillett.

 

[FoxForceFive]

Re: Club Refinance Thread

[quote author=crump link=topic=41783.msg1188132#msg1188132 date=1286191968]
Sounds like you're ready for some Project Mayhem type shit.
[/quote]

I joined SoS last night. Whilst I have misgivings there's 'no' point me saying then here, at the meetings at least I can put that across. They're doing something at least, & their overall aim to get the yanks out is something I can't argue with.

I wont being taking militant action but anything else needs considering.

Whilst match boycotts are extreme I think it's what's needed.

 

[peekay]

Re: Club Refinance Thread

[quote author=Hansern link=topic=41783.msg1188254#msg1188254 date=1286197490]
[quote author=Sunny link=topic=41783.msg1188251#msg1188251 date=1286197236]
[quote author=Hansern link=topic=41783.msg1188245#msg1188245 date=1286196888]
The lad on YNWA who said that Due Dilligence is being done, is the lad who owns the site. If that gives it any more credibility.
[/quote]

Any quotes mate ?
[/quote]

I'll post more if there is an update.
This is all he has said so far;


Kev, on 03 October 2010 - 12:37 PM, said:

Due Dilligence underway by someone. Got told before.

I
[/quote]

Kev isn't an insider with a great track record. He himself will admit to that.

 

[gene hughes]

Re: Club Refinance Thread

Roy Hodgson shits refinancing.

 

[Asbo]

Re: Club Refinance Thread

Well tell them that fucking flag with the huge dick, isn't doing them any favors, its just giving the nationals another reason to slag us off.

Keep it clean, keep it calm, there representing Liverpool FC when there doing there marches especially when theres reporters around.

Don't give anyone any ammo to throw at us.

 

[Hansern]

Re: Club Refinance Thread

[quote author=peekay link=topic=41783.msg1188263#msg1188263 date=1286198152]
[quote author=Hansern link=topic=41783.msg1188254#msg1188254 date=1286197490]
[quote author=Sunny link=topic=41783.msg1188251#msg1188251 date=1286197236]
[quote author=Hansern link=topic=41783.msg1188245#msg1188245 date=1286196888]
The lad on YNWA who said that Due Dilligence is being done, is the lad who owns the site. If that gives it any more credibility.
[/quote]

Any quotes mate ?
[/quote]

I'll post more if there is an update.
This is all he has said so far;


Kev, on 03 October 2010 - 12:37 PM, said:

Due Dilligence underway by someone. Got told before.

I
[/quote]

Kev isn't an insider with a great track record. He himself will admit to that.
[/quote]

Okay, cheers didn't know that. 3 others have also said that they've heard this rumour. 2 on TIA.

 

[Wilko7]

Re: Club Refinance Thread

[quote author=PepeReina link=topic=41783.msg1188164#msg1188164 date=1286193124]
If true this could be the worst day in my life time as regards to all things LFC. 🙁
[/quote]

Hillsborough was mine.

 

[LadyRed]

Re: Club Refinance Thread

I really hope you're right Hansern.

Cos the alternative is too depressing to face.

 

[Oncy]

Re: Club Refinance Thread

[quote author=Wilko link=topic=41783.msg1188286#msg1188286 date=1286199867]
[quote author=PepeReina link=topic=41783.msg1188164#msg1188164 date=1286193124]
If true this could be the worst day in my life time as regards to all things LFC. 🙁
[/quote]

Hillsborough was mine.
[/quote]Yup mine too. I don't think this compares. Still shit though.

 

[Asbo]

Re: Club Refinance Thread

[quote author=Herr Onceared link=topic=41783.msg1188289#msg1188289 date=1286199931]
[quote author=Wilko link=topic=41783.msg1188286#msg1188286 date=1286199867]
[quote author=PepeReina link=topic=41783.msg1188164#msg1188164 date=1286193124]
If true this could be the worst day in my life time as regards to all things LFC. 🙁
[/quote]

Hillsborough was mine.
[/quote]Yup mine too. I don't think this compares. Still shit though.
[/quote]

Yeah I subtly asked him how old he was, so he'd realize, but dunno

 

[Sunny]

Re: Club Refinance Thread

He's 23 mate - he said it earlier in the thread. He'd have been 2 so let's lay off here eh ?

 

[Oncy]

Re: Club Refinance Thread

[quote author=Asbo link=topic=41783.msg1188292#msg1188292 date=1286200050]
[quote author=Herr Onceared link=topic=41783.msg1188289#msg1188289 date=1286199931]
[quote author=Wilko link=topic=41783.msg1188286#msg1188286 date=1286199867]
[quote author=PepeReina link=topic=41783.msg1188164#msg1188164 date=1286193124]
If true this could be the worst day in my life time as regards to all things LFC. 🙁
[/quote]

Hillsborough was mine.
[/quote]Yup mine too. I don't think this compares. Still shit though.
[/quote]

Yeah I subtly asked him how old he was, so he'd realize, but dunno
[/quote]Doesn't matter. it's a shit day let's not make it an us and them things. He's blessed if he doesn't remember Hillsborough.

 

[localny]

Re: Club Refinance Thread

[quote author=Judge Jules link=topic=41783.msg1188029#msg1188029 date=1286185329]
[quote author=LadyRed link=topic=41783.msg1188018#msg1188018 date=1286184716]
Broughton was pretty insistent on the fact that all involved were committed to selling the club. And all signs seemed to suggest the board would vote against the refinancing, maybe they simply didn't have any offers on the table?
[/quote]

The board can't vote against the principle of Hicks reaching an agreement with somebody else to refinance, which is nothing to do with them. What they can vote against is the idea of Hicks putting the club and its assets up as security for the relevant loan. They've already done so once and (fingers crossed) I can't see that changing. Hicks would therefore have to find other security instead, and I don't know what else he's got which would fit the bill after his sports teams in the US were taken away from him. That's the main reason why I think there's still hope that this rumour may come to nothing.
[/quote]

Thanks for this. You're right!

 

[Wilko7]

Re: Club Refinance Thread

[quote author=Sunny link=topic=41783.msg1188296#msg1188296 date=1286200233]
He's 23 mate - he said it earlier in the thread. He'd have been 2 so let's lay off here eh ?
[/quote]

Lay off what?

 

[LadyRed]

Re: Club Refinance Thread

Sorry JJ, I missed that post. That makes sense, so in theory even if this rumour of him having found someone who's willing to refinance is spot on, it could still be a no go as the board will, hopefully, be unwilling to give him what he needs to secure the new loan.

 

[Sunny]

Re: Club Refinance Thread

[quote author=Wilko link=topic=41783.msg1188310#msg1188310 date=1286200638]
[quote author=Sunny link=topic=41783.msg1188296#msg1188296 date=1286200233]
He's 23 mate - he said it earlier in the thread. He'd have been 2 so let's lay off here eh ?
[/quote]

Lay off what?
[/quote]

Any of us giving a lecture on the worst day in Liverpool history. As you say, it's shite at the moment but no comparison

 

[Asbo]

Re: Club Refinance Thread

If the lay off was to me Sunny, I did, right after I posted asking him how old he was.

I brought it up again just for the purpose of implying 'lay off'.

If it came across any other way, it was unintentional

 

[Oncy]

Re: Club Refinance Thread

Well played lads.
*golf clap*

 

[Sunny]

Re: Club Refinance Thread

[quote author=Asbo link=topic=41783.msg1188324#msg1188324 date=1286201051]
If the lay off was to me Sunny, I did, right after I posted asking him how old he was.

I brought it up again just for the purpose of implying 'lay off'.

If it came across any other way, it was unintentional
[/quote]

Sorry mate, it's not what I meant either. I didn't word it very well. Apologies for any misinterpretation to both of you. I just didn't want us a to start lecturing a noob on the basis of an offhand comment.

 

[Judge Jules]

Re: Club Refinance Thread

[quote author=LadyRed link=topic=41783.msg1188313#msg1188313 date=1286200709]
Sorry JJ, I missed that post. That makes sense, so in theory even if this rumour of him having found someone who's willing to refinance is spot on, it could still be a no go as the board will, hopefully, be unwilling to give him what he needs to secure the new loan.
[/quote]

In a nutshell. The $64,000 question is whether he has anything else available which could be acceptable as security.

Incidentally I managed to get some useful info.from a Manc mate of mine who e-mailed me to crow about Blackpool and the situation generally. He's a retired solicitor and, once he'd calmed down, I asked him one or two things about company law, particularly whether the board would be obliged to act in the interests of the shareholders (Hicks and Gillett) at all times. Turns out the answer is no, they wouldn't. In this guy's view it is possible for them to vote in a way which wouldn't suit H and G, provided they can demonstrate that doing what H and G want would damage the club. Apparently the word is that this is the broad thrust of the advice received by the majority on the board from London lawyers when they voted down Hicks' previous attempt to use the club as security for a refinance. (It also suggests Moores could have turned H and G's bid down right at the beginning, but let's not go there. >🙁)

 

[El Pistolero]

Re: Club Refinance Thread

[quote author=Judge Jules link=topic=41783.msg1188364#msg1188364 date=1286203543]
[quote author=LadyRed link=topic=41783.msg1188313#msg1188313 date=1286200709]
Sorry JJ, I missed that post. That makes sense, so in theory even if this rumour of him having found someone who's willing to refinance is spot on, it could still be a no go as the board will, hopefully, be unwilling to give him what he needs to secure the new loan.
[/quote]

In a nutshell. The $64,000 question is whether he has anything else available which could be acceptable as security.

Incidentally I managed to get some useful info.from a Manc mate of mine who e-mailed me to crow about Blackpool and the situation generally. He's a retired solicitor and, once he'd calmed down, I asked him one or two things about company law, particularly whether the board would be obliged to act in the interests of the shareholders (Hicks and Gillett) at all times. Turns out the answer is no, they wouldn't. In this guy's view it is possible for them to vote in a way which wouldn't suit H and G, provided they can demonstrate that doing what H and G want would damage the club. Apparently the word is that this is the broad thrust of the advice received by the majority on the board from London lawyers when they voted down Hicks' previous attempt to use the club as security for a refinance. (It also suggests Moores could have turned H and G's bid down right at the beginning, but let's not go there. >🙁)
[/quote]

Him and the greedy shit Coco are the reason we are here today, the greedy fuckers where leaking shit to the Americans about DIC's bid, and for the sake a few extra million greedy bastards.

 

[peterhague]

Re: Club Refinance Thread

[quote author=Judge Jules link=topic=41783.msg1188364#msg1188364 date=1286203543]
[quote author=LadyRed link=topic=41783.msg1188313#msg1188313 date=1286200709]
Sorry JJ, I missed that post. That makes sense, so in theory even if this rumour of him having found someone who's willing to refinance is spot on, it could still be a no go as the board will, hopefully, be unwilling to give him what he needs to secure the new loan.
[/quote]

In a nutshell. The $64,000 question is whether he has anything else available which could be acceptable as security.

Incidentally I managed to get some useful info.from a Manc mate of mine who e-mailed me to crow about Blackpool and the situation generally. He's a retired solicitor and, once he'd calmed down, I asked him one or two things about company law, particularly whether the board would be obliged to act in the interests of the shareholders (Hicks and Gillett) at all times. Turns out the answer is no, they wouldn't. In this guy's view it is possible for them to vote in a way which wouldn't suit H and G, provided they can demonstrate that doing what H and G want would damage the club. Apparently the word is that this is the broad thrust of the advice received by the majority on the board from London lawyers when they voted down Hicks' previous attempt to use the club as security for a refinance. (It also suggests Moores could have turned H and G's bid down right at the beginning, but let's not go there. >🙁)
[/quote]


that last bit is so mindblowingly obvious i don't know how anyone could ever have thought otherwise. i found those people (person, perhaps) suggesting the opposite at the time in defence of moores profoundly annoying and disingenuous.

 

[FoxForceFive]

Re: Club Refinance Thread

Had DIC bought us we'd be in the shit too. Not that moores & parry knew that, but worth mentioning.